Dec 5, 2012 4:00am EST
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
Dec 5, 2012 3:00am PST
, brian. they were some of the most popular presidents in u.s. history and all elected to a second term. but it couldn't save them from the dreaded second term curse. it dated back to 1936 when president roosevelt won 46 out of 48 states. he used those results in an attempt to shake up the supreme court and that tarnished his reputation. fast forward to 1984. president reagan's economic recovery turned 49 of the 50 states red. the inran contraservice surface americans didn't like being kept in the dark . then the scandal impossible to forget. >> i want you to listen to me. i will say it again. i did not have sexual relations with that woman: >> gretchen: nick is a presidential historian and author of the book presidential leadership. decisions that changed the nation and he's my guest this morning. >> morning, gretchen. >> gretchen: looking back in history president obama is now reelected to the second term. what do we suspect about the curse. >> it is an interesting topic it is difficult . going all the way back to wilson and league of nation . fdr and truman got run out of office . th
Dec 4, 2012 4:00pm PST
is apparently moving its chemical weapons. now, of course is a red line for nato and the u.s. and even russia is concerned about this, saying if you use chemical weapons, then the international community will have to respond. already 40,000 dead in syria. >> in iran, they have apparently captured another of our drones. >> they claim they brought down a scan eekle on the ground the zone. it's a small surveillance drone generally used to watch their own ships not an armed drone. if iran brought it down, the u.s. will see that as an aggressive action. last month they tried to shoot one down in the same place. ayear ago iran claimed to have brought down a more technical drone. >> cenk: that is three different instances of at least firing or capturing one of our drones. the last time the americans said no absolutely not, one of our drones just happened to get lost. later, they said yeah, ok, that was our drone. by the way we want it back from iran. we're just flying an illegal drone over your air space would you give i did back to us. iran said no. take a look at this map. look at our bases and fl
Dec 5, 2012 6:30pm EST
disappeared. and just this year, 4.5 million square miles melted away, an area the size of the u.s. and mexico, combined. >> melting is a big concern, because that moving water that's currently thawed into the ice, moving it into the ocean. if that continues, that's going to have an impact on people that live in coastal regions. >> reporter: sea levels rising means even more after a storm like sandy. and we learned today that the white house is requesting $50 billion to cover the damage from that epic storm but the states involved say that isn't going to be enough. >> these bulletins just keep coming. >> reporter: right. and they keep finding these reports and records. they will. we started records in 1979 in sea ice melt. they will keep changing. and the man i talked to, he anticipates more. >> thank you so much, ginger. >>> now, we turn to the news that a lot of ordinary americans have been put on notice, as we approach that fiscal cliff, just 27 days away. people already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a
Dec 5, 2012 7:30am EST
. and we face a multitude of problems from abroad. the u.s. fiscal cliff, the slowing growth in china, above all the eurozone now in recession. people know that there are no quick fixes to these problems, but they want to know that we are making progress, and the message from today's autumn statement is that we are making progress. it is a hard road, but we're getting there, and britain is on the right track. >> will the chancellor resume his seat. now, look, let's be clear about this. the house knows well enough by now that i will afford a very full opportunity for questioning of the chancellor. but the more interruption, the greater the noise, the longer the session will take, and that cannot be right. so i appeal to members, please, to give the chancellor a courteous hearing as, indeed, if it becomes necessary i will appeal to government back benches to afford a fair hearing to the shadow chancellor. that's how it should be. the chancellor. >> mr. speaker, britain is on the right track, and turning back now would be a disaster. we have much more to do. the deficit has fallen by a q
Dec 4, 2012 11:00pm PST
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Dec 5, 2012 3:00pm PST
in america. there are more of his works in the u.s. than anywhere but britain. he influenced american painters such as frederic edwin church... and thomas moran, who became known as "the american turner." french painters, including claude monet, were also intrigued by him. monet saw an exhibition of turner's works in london in the early 1870s and noted with approval that the english artist "painted with his eyes open." the impressionists admired his ability to capture luminous atmospheric effects. by the end of the 19th century, j.m.w. turner's dream was realized-- landscape painting was elevated to a level unthinkable without the contributions he had made in fifty years of painting.
Dec 5, 2012 7:00am PST
branches. second, starbucks is expanding. opening 1500 new locations in the u.s., boosting the number of locations nationwide by 13%. >>> the president of egypt has returned to his palace today after angry demonstrators swarmed the palace on tuesday. they say the constitution violates the democratic principles for which they fought last year. >>> new signs that the middle class may not have to worry so much about their taxes going up at year's end. some key republicans are looking at extending the middle class tax cuts past the fiscal cliff deadline and postponing the battle over the tax cuts for the wealthy until next month. >>> some things going on at the hospital. two australian deejays called the hospital posing at queen elizabeth and prince charles and got through to kate's private nurse. shockingly, if you hear the audio, who briefed them on her condition. >>> and a health scare for anderson cooper. he says he went blind for almost two days. he actually showed a picture of himself wearing an eye patch. he says he lost his sight for some 36 hours last week, while reporting from p